Examples of Dividend Notes in a sentence
An installment of principal (and premium, if any) or interest and Liquidated Damages shall be considered paid on the date it is due if the Trustee or Paying Agent or Paying Agents hold on that date money (or, with respect to interest required to be paid pursuant to Section 4.08, Additional Dividend Notes in the requisite principal amount, duly issued, authenticated and delivered in accordance with this Indenture) designated for and sufficient to pay the installment.
The Issuers will pay interest on overdue principal and, to the extent lawful, on overdue installments of interest (including interest to be paid in the form of Additional Dividend Notes) and overdue amounts of Liquidated Damages, if any, at a rate of 1% per annum in excess of the interest rate referred to above.
Initial Additional Notes (including any Exchange Notes issued in exchange therefor) and Additional Dividend Notes (including any Exchange Notes issued in exchange therefor) shall vote (or consent) as a class with the other Notes and otherwise be treated as Notes for all purposes of this Indenture.
The Issuers shall pay interest on overdue principal and premium, if any, and interest on overdue installments of interest (including interest paid in the form of Additional Dividend Notes) and Liquidated Damages, to the extent lawful, at a rate per annum equal to 1% per annum in excess of the rate of interest applicable to the Notes.
Additional Dividend Notes shall be issued and delivered to each Holder at the Issuers' expense.
The Issuers shall take all required steps to ensure that any Additional Dividend Notes issued in respect of Notes that are not Restricted Securities or required by applicable law to bear the Private Placement Legend shall not, and shall not be required by applicable law to, be Restricted Securities or bear the Private Placement Legend (including without limitation through the maintenance of an effective shelf registration statement, if required).
Additional Dividend Notes shall bear the same legends, including the Private Placement Legend, as the Notes in respect of which such Additional Dividend Notes are issued.
Interest on such Additional Dividend Notes shall accrue from the most recent interest payment date prior to the Dividend Payment Date or, if no interest has been paid on the Notes, from the Issue Date.
Subject to the covenants contained in Article 4 below, the Issuers may issue Additional Notes hereunder and the Issuers may be required to issue Additional Dividend Notes from time to time.
The Issuers will pay principal, premium, if any, and interest and Liquidated Damages, if any, in money of the United States that at the time of payment is legal tender for payment of public and private debts (other than interest payable in the form of Additional Dividend Notes).